Which of the Following Statements Is TRUE with Respect to Various

question 41

Multiple Choice

Which of the following statements is TRUE with respect to various uses of the word "condition" as that word was used in Chapter 11?

• A)A condition subsequent suspends the creation of a contract until a certain event has occurred.
• B)A party who fails to perform a condition subsequent may be held liable for damages.
• C)If a condition subsequent is not satisfied, then the contract is rescinded.
• D)A party who fails to perform a condition may be held liable for damages.
• E)A true condition precedent always leads to the existence of secondary obligations.

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Definitions:

Substrates

In biochemistry, substrates are the specific substances on which an enzyme acts to catalyze a chemical reaction, often converted into products.

Triglycerides

A type of fat found in your blood, used by the body for energy and considered an important measure of heart health.

Monosaccharides

Simple sugars, such as glucose and fructose, which are basic building blocks of carbohydrates and cannot be hydrolyzed to smaller molecules.

Activation Energy

The minimum amount of energy required to start a chemical reaction.